Daily Progress: News Corp (NWSA) Drop -0.03, Closing at 29.42

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In the latest session, News Corp (NASDAQ: NWSA) closed at $29.42 down -0.03% from its previous closing price of $29.43. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 2.37 million shares were traded. NWSA stock price reached its highest trading level at $29.52 during the session, while it also had its lowest trading level at $29.305.

Ratios:

For a deeper understanding of News Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.65. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.68. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.34.

On January 10, 2025, Citigroup started tracking the stock assigning a Buy rating and target price of $36.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 05 ’24 when Kline David R sold 10,000 shares for $26.96 per share. The transaction valued at 269,626 led to the insider holds 0 shares of the business.

Kline David R bought 10,000 shares of NWSA for $269,626 on Sep 05 ’24. On Aug 15 ’24, another insider, Kline David R, who serves as the Chief Technology Officer of the company, sold 13,704 shares for $27.42 each. As a result, the insider received 375,729 and left with 10,000 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NWSA now has a Market Capitalization of 17442764800 and an Enterprise Value of 18354028544. As of this moment, News’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.47, and their Forward P/E ratio for the next fiscal year is 28.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.86 while its Price-to-Book (P/B) ratio in mrq is 2.03. Its current Enterprise Value per Revenue stands at 1.787 whereas that against EBITDA is 13.271.

Stock Price History:

The Beta on a monthly basis for NWSA is 1.24, which has changed by 0.08360958 over the last 52 weeks, in comparison to a change of 0.17774606 over the same period for the S&P500. Over the past 52 weeks, NWSA has reached a high of $30.75, while it has fallen to a 52-week low of $23.38. The 50-Day Moving Average of the stock is 2.49%, while the 200-Day Moving Average is calculated to be 5.31%.

Shares Statistics:

For the past three months, NWSA has traded an average of 3.22M shares per day and 2676280 over the past ten days. A total of 377.54M shares are outstanding, with a floating share count of 376.90M. Insiders hold about 33.42% of the company’s shares, while institutions hold 69.10% stake in the company. Shares short for NWSA as of 1751241600 were 7460560 with a Short Ratio of 2.32, compared to 1748563200 on 7764737. Therefore, it implies a Short% of Shares Outstanding of 7460560 and a Short% of Float of 1.9800000000000002.

Dividends & Splits

According to the company, the forward annual dividend rate for NWSA is 0.20, from 0.2 in the trailing year. Against a Trailing Annual Dividend Yield of 0.006795787The stock’s 5-year Average Dividend Yield is 0.95.

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